Information ONLY - do not bid - PICK UP on site at restaurant Location

Lot # 1

*NOTE REMOVAL is Wednesday 5/23/18 from 9am - 3pm ONLY. We will not be shipping from this location.

*Come prepared with any necessary tools and or help to remove items. This is the ONLY pick up time - property being turned over to landlord. If you can not pick up in the time frame - DO NOT BID!!!!

Inspection:

By Appointment Only

Auction Closing:

Mon, May 21, 2018

07:00 pm

Removal:

Wed, May 23, 2018

09:00 am - 03:00 pm

Bidding Increments:

Range

Increment

$0.01

-

$1.00

$0.25

$1.01

-

$5.00

$0.50

$5.01

-

$20.00

$1.00

$20.01

-

$40.00

$2.00

$40.01

-

$100.00

$5.00

$100.01

-

$200.00

$10.00

$200.01

-

$1,000.00

$25.00

$1,000.01

-

$2,000.00

$50.00

$2,000.01

-

$4,000.00

$100.00

$4,000.01

-

$2,500,000.00

$200.00

Buyer's Premium

Discounted Buyer's Premium

Regular Buyer's Premium

12.00%

15.00%

All of our website "Terms & Conditions" apply and can be found at the bottom of the home page (please read and fully understand before placing bids)Including the following:

Registration: You must register to bid with a valid credit card. Your assigned bidder number will remain valid for all future R.I.C.E. on-line auctions.

Buyers Premium: 15% buyers premium will be added to every purchase. Example: your winning bid is $100, you will be billed $115 at closing. A 3% Discount will be applied for those who pay in Cash or Cashiers Check (12% buyers premium for cash).

Payment: We accept Cash, Cashiers Check, Visa, Master Card or Discover. Those who choose to pay by cash or cashiers check must notify R.I.C.E. auctions after the close of each auction and must pick up on the designated load out day. If the winning bidder does not pick up on designated day or make other arrangements with R.I.C.E. auctions, the card will be charged immediately at the close of that day.

Sales Tax: 6% PA Sales Tax will be added to all totals. Exceptions- 1. Before the end of the auction, a completed PA Sales Tax Exemption form is emailed to us. 2. If the sale is a total liquidation held on-line/on-site, where removal will be at the items original location, no sales tax will be charged.

Pick up and/or Removal: Pick up Must be on the designated day unless other arrangements have been made prior to bidding. We have equipment necessary to load items from our warehouse, however the buyer/transporter assumes all responsibility for loading and securing the items for safe travel. In the event of an on-line/on-site sale, the buyer/transporter must bring all tools and manpower to properly and safely remove and load all items from the location.

Shipping: We will ship nation wide and have partners in the industry to provide very discounted pricing. Smaller packages (generally under 150 lbs) will be shipped UPS or USPS. Larger items that require truck shipment will be palletized for shipment. In all cases, the winning bidder is responsible for all costs including any or all of the following: freight costs, insurance, palletizing fees, packing fees and any special requested shipping instructions. Winning bidders must contact us at the close of the auction if they intend to ship. We can work with you and your carrier or arrange the shipping you need, in any event winning bidder assumes all costs associated with shipping.

Warranty: All items sold "AS IS, WHERE IS" with no warranty and are not guaranteed. We try our very best to test every item for functionality and descriptions are believed to be true and correct but not guaranteed. Please call us if you have any questions about a particular item and we will do our very best to help you. Our team has over 35 years in the restaurant industry. Our goal is for you to have an enjoyable auction experience.

Pick up and/or Removal: Pick up Must be on the designated day unless other arrangements have been made prior to bidding. You must provide proof of payment (electronic or printed) at pick up. We have equipment necessary to load items from our warehouse, however the buyer/transporter assumes all responsibility for loading and securing the items for safe travel. In the event of an on-line/on-site sale, the buyer/transporter must bring all tools and manpower to properly and safely remove and load all items from the location.

Shipping: We will ship nation wide and have partners in the industry to provide very discounted pricing. Smaller packages (generally under 150 lbs) will be shipped UPS or USPS. Larger items that require truck shipment will be palletized for shipment. In all cases, the winning bidder is responsible for all costs including any or all of the following: freight costs, insurance, palletizing fees, packing fees and any special requested shipping instructions. Winning bidders must contact us at the close of the auction if they intend to ship. We can work with you and your carrier or arrange the shipping you need, in any event winning bidder assumes all costs associated with shipping.

Some items may not ship well (ex. glass, porcelain) and will be pick up only. Pick up only will be noted in the description for these types of items..